Described as a “win for tenants,” Toronto can now restrict short-term rentals.
For a typical millennial to buy an average home in Canada, it’s 21 years in Toronto, six for a place in St. John's.
Economists say what’s proposed in the federal budget isn’t going to cut it in the hottest markets.
What might be the first arrangement of its kind allowed a half-dozen young people shut out of the prohibitively expensive market to actually own a place—and they seem to be making it work.
But it’s because the government has made it too difficult to qualify for a mortgage, says a new report.
Toronto’s shelter system is over 90 percent capacity amid frigid weather
New data shows that foreign ownership is below 5% in Toronto and Vancouver
Condo prices in Toronto rose by 22% this year despite new housing rules
It now costs $1,976 a month to rent a one-bedroom apartment
UBS report claims Toronto’s real estate market is still in bubble territory
New data reveals role international investors play in Toronto’s real estate market
An average household now spends 72% of its income on homeownership